1 Trans Canada Hwy, Mill Bay, BC

$14,800,000

136.41

Acres

About 1 Trans Canada Hwy

Extraordinary development opportunity in Mill Bay! This prime Real Estate property is comprised of 136 acres, gently sloping towards the ocean and 2,300 feet of highway frontage. Ocean Terrace Comprehensive Designation (CD 7) applies to a mixed-use development allowing for up to 438 residential units of varying housing types, 3.5 acres of commercial development, public school and public parkland. Ocean Terrace Properties is located at the intersection of Butterfield Road and the Trans-Canada Highway, in Mill Bay, BC. This location is approximately 30 km North of Victoria, 15 km South of Duncan and 2 km South-West of Mill Bay's commercial area. The Cowichan Valley is a large, primarily rural district situated on Southern Vancouver Island. The Ocean Terrace development will provide housing for various demographic needs and a commercial core that will be comprised of small-scale retail opportunities. Call for details!

Commercial Sale home for sale in Mill Bay, BC at 1 Trans Canada Hwy.

Features of 1 Trans Canada Hwy

MLS® # 834799
Price $14,800,000
Sold Price $10,762,500
Acres 136.41
Type Commercial Sale
Sub-Type Other
Status Closed
View Other

Community Information: Mill Bay

Address 1 Trans Canada Hwy
Area ML Mill Bay
City Mill Bay
Province BC
Postal Code V0R 2P4

Amenities of 1 Trans Canada Hwy

View Other
Is Waterfront No
Has Pool No

Interior of 1 Trans Canada Hwy

Fireplace No

Exterior of 1 Trans Canada Hwy

Lot Description SQUARE

Additional Information On 1 Trans Canada Hwy

Date Listed March 1st, 2020
Date Sold March 31st, 2022
Days on Market 566
Zoning CD7

Map To 1 Trans Canada Hwy, Mill Bay

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